In an article published in The Hound on April 19 2022, we reported that Lord Skidelsky had sat on the board of the Russian oil company Rosneft from 2015 until January 2022, when he stepped down. In fact, Lord Skidelsky has never sat on the board of Rosneft. He sat on the board of Russneft, a privately owned company. We are happy to set the record straight and apologise for our error.